Home / Cases / FCA FCA manipulation enforcement actions This library records 48 market manipulation enforcement actions brought by the Financial Conduct Authority.
These are the FCA actions our ingest has classified as involving a manipulation technique. Actions that do not allege manipulation are outside this library's scope and are not recorded, so this is not a complete mirror of FCA enforcement.
Actions 48
Total penalties $903k
Median penalty $903k
Largest $903k
Criminal parallel 17% Action Agency Filed Technique Penalty Status FCA v. Bhavesh Hirani (insider trading, 2026) FCA 2026-01-27 Insider Trading — unknown FCA v. Dipesh Kerai (insider trading, 2026) FCA 2026-01-27 Insider Trading — settled FCA v. Russel Gerrity (insider trading, 2025) FCA 2025-12-19 Insider Trading — settled FCA v. Neil Sedgwick Dwane (insider trading, 2025) FCA 2025-10-13 Insider Trading — settled FCA v. Jean-Noël Yves Alba (2025) FCA 2025-07-22 — settled FCA v. Travis Lloyd Klein (fictitious internal trades, 2024) FCA 2024-11-18 Mismarking — unknown FCA v. NMC Health Plc (in Administration) (2023) FCA 2023-08-30 — judgment FCA v. Christopher Gent (insider trading, 2022) FCA 2022-08-05 Insider Trading — settled FCA v. Philippe Moryoussef Individual (benchmark submission rigging, 2022) FCA 2022-07-15 Benchmark Submission Rigging — judgment FCA v. Colin Bermingham Individual (benchmark submission rigging, 2021) FCA 2021-09-27 Benchmark Submission Rigging — settled FCA v. Adrian Geoffrey Horn (wash trading, 2021) FCA 2021-03-03 Wash Trading — unknown FCA v. Corrado Abbattista (spoofing, 2020) FCA 2020-12-15 Price Manipulation , Spoofing — judgment FCA v. Frank Cochran Individual (2020) FCA 2020-11-03 — unknown FCA v. Mark Horsey Individual (2020) FCA 2020-11-03 — unknown FCA v. Conor Martin Foley (price manipulation, 2020) FCA 2020-09-07 Price Manipulation — judgment FCA v. Julian Rifat Individual (insider trading, 2020) FCA 2020-09-01 Insider Trading — unknown FCA v. Redcentric PLC (2020) FCA 2020-06-26 — judgment FCA v. Terry John Farr (benchmark submission rigging, 2019) FCA 2019-05-29 Benchmark Submission Rigging , Wash Trading — judgment FCA v. Jonathan Mathew Individual (benchmark submission rigging, 2018) FCA 2018-10-30 Benchmark Submission Rigging — judgment FCA v. Christian Bittar (benchmark submission rigging, 2018) FCA 2018-09-14 Benchmark Submission Rigging — judgment FCA v. Edward John Booth (2018) FCA 2018-07-25 — settled FCA v. Guillaume Adolph (benchmark submission rigging, 2018) FCA 2018-02-15 Benchmark Submission Rigging — settled FCA v. Neil Danziger (benchmark submission rigging, 2018) FCA 2018-01-08 Benchmark Submission Rigging , Wash Trading — judgment FCA v. Paul Axel Walter (price manipulation, 2017) FCA 2017-11-22 Price Manipulation , Spoofing — settled FCA v. Peter Charles Johnson Individual (benchmark submission rigging, 2016) FCA 2016-08-26 Benchmark Submission Rigging — judgment FCA v. Gavin Duncan Paul Breeze (insider trading, 2016) FCA 2016-07-15 Insider Trading — settled FCA v. Mark Samuel Taylor (insider trading, 2016) FCA 2016-05-05 Insider Trading — settled FCA v. Paul White (benchmark submission rigging, 2016) FCA 2016-04-08 Benchmark Submission Rigging — judgment FCA v. Lee Bruce Stewart (benchmark submission rigging, 2015) FCA 2015-07-21 Benchmark Submission Rigging , Price Manipulation — judgment FCA v. Barclays Bank PLC (FX benchmark manipulation, 2015) FCA 2015-05-20 FX Fixing — settled FCA v. Deutsche Bank AG (benchmark submission rigging, 2015) FCA 2015-04-23 Benchmark Submission Rigging , Price Manipulation — settled FCA v. Kenneth George Carver (insider trading, 2015) FCA 2015-03-30 Insider Trading — settled FCA v. David Caplin (benchmark submission rigging, 2015) FCA 2015-01-22 Benchmark Submission Rigging , Price Manipulation — settled FCA v. Jeremy Kraft (2015) FCA 2015-01-22 — settled FCA v. Citibank N.A. (FX benchmark manipulation, 2014) FCA 2014-11-11 FX Fixing — settled FCA v. HSBC Bank plc (FX benchmark manipulation, 2014) FCA 2014-11-11 FX Fixing — settled FCA v. JPMorgan Chase Bank N.A. (FX benchmark manipulation, 2014) FCA 2014-11-11 FX Fixing — settled FCA v. The Royal Bank of Scotland plc (FX benchmark manipulation, 2014) FCA 2014-11-11 FX Fixing — settled FCA v. UBS AG (FX benchmark manipulation, 2014) FCA 2014-11-11 FX Fixing — settled FCA v. Daniel James Plunkett (banging the close, 2014) FCA 2014-05-23 Banging The Close — settled FCA v. Martin Brokers (UK) Ltd (Martins) (benchmark submission rigging, 2014) FCA 2014-05-15 Benchmark Submission Rigging , Price Manipulation +2 — settled FCA v. Mark Stevenson (price manipulation, 2014) FCA 2014-03-20 Price Manipulation — settled FCA v. 7722656 Canada Inc (formerly Swift Trade Inc) (layering, 2014) FCA 2014-01-24 Layering — judgment FCA v. Rahul Shah Individual (insider trading, 2013) FCA 2013-11-13 Insider Trading — judgment FCA v. Coöperatieve Centrale Raiffeisen–Boerenleenbank B.A. (‘Rabobank’) (benchmark submission rigging, 2013) FCA 2013-10-29 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +1 — settled FCA v. ICAP Europe Ltd (benchmark submission rigging, 2013) FCA 2013-09-25 Benchmark Submission Rigging , Price Manipulation — settled FCA v. Michael Coscia (layering, 2013) FCA 2013-07-03 Layering , Price Manipulation +1 $903k settled FCA v. The Royal Bank of Scotland plc (benchmark submission rigging, 2013) FCA 2013-02-06 Benchmark Submission Rigging , Cash Vs Derivatives Schemes +2 — settled